June 06, 2026
He urges everyone to use electricity sparingly at all ministries, government offices, private buildings, shopping malls and other establishments
The world's second-largest economy showed remarkable resilience in 2025, helped by smaller-than-expected US tariff hikes
The higher rate will target consumers requiring more than 160 litres per month, state television reports
Spending by US shoppers goes up 9.1% from 2024 on the year's biggest shopping day
Leaders pledge to channel more fiscal funds to public services
The plan comes as levels of consumer demand in China have suffered various setbacks in recent years
As tariffs rise and trade war looms, China needs consumers to step up and purchase the products peers in other markets are now buying less of
